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The Paramus Post - Greater Paramus News and Lifestyle Webzine
Saturday, November 28 2020 @ 02:11 AM EST
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The Paramus Post - Greater Paramus News and Lifestyle Webzine
Saturday, November 28 2020 @ 02:11 AM EST
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The Paramus Post - Greater Paramus News and Lifestyle Webzine

Genova Burns Establishes Insurance Law Practice Group


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William Megna, an Expert in Captives, Risk Retention Strategies and Regulatory Matters, Joins Firm 

NEWARK, NJ – With the addition of William Megna, an expert in the field, Genova Burns has established a specialized Insurance Law Practice Group. This group will handle insurance company formation and governance, including captive insurers, risk retention groups, MEWAs and other related strategies. The group will handle all aspects of insurance company regulatory law and approvals for admitted and non-admitted carriers including licensing, corporate filings and compliance with state law and regulations in many jurisdictions.

Bill Megna started his career holding several insurance company in-house counsel positions including: Vice President and Counsel for Home Life Insurance, Associate Counsel and Florida Regional Council for USLIFE Corporation and Vice President and General Counsel for USLIFE Realty Corporation of Florida. Mr. Megna was Managing Attorney for Morris Manning & Martin's Princeton office, and before that a Partner in the firm of Caldwell Megna. He was also a Senior Associate at LeBoeuf, Lamb, Green and McRae. 

Mr. Megna has for two decades maintained a private practice in the formation and representation of admitted and non-admitted insurance companies, captives, MEWAs, Risk Retention Groups, Taft-Hartley plans, association insurance and benefit programs and other risk-based entities. He also represents managing general underwriters and agents and brokers in licensing and other regulatory matters. Mr Megna is an authority on the legal regulation of MEWAs and has been consulted in several states with regard to legislation authorizing MEWA arrangements. 

Mr. Megna attended New York University’s L.L.M. program for Trade Regulation and has achieved both regulatory and legislative successes for his clients. Mr. Megna frequently speaks on insurance matters before business and bar associations, and contributes articles to the New Jersey Law Journal and New Jersey Lawyer magazines on such matters. He is the past Chairman of the New Jersey State Bar Association's Insurance Section and has been listed in New Jersey Super Lawyers for insurance law and New York Areas’Best Lawyers for government relations law. 

The Insurance Law Practice Group will expand on Genova Burns’ long history in the insurance industry, particularly as defense and coverage counsel across many companies and product lines.

About Genova Burns LLC – With attorneys admitted to the bar in New York, New Jersey, Pennsylvania, and the District of Columbia, and with offices across the region, Genova Burns LLC provides special competencies across a broad range of practice areas including trial and appellate practice in federal and state courts, aviation & aircraft law,  business law & commercial transactions, casino, hospitality & resort development, commercial real estate and  redevelopment law, complex commercial litigation, corporate political activity, education law, employment law & litigation, energy law, environmental law, health & hospital law, labor law, land use and approvals law, public contract law & bid protest litigation, white collar criminal defense and corporate internal investigations, and wage and hour compliance.  The firm also represents clients in diverse administrative regulatory matters before regional state agencies and federal government agencies.  The firm currently maintains offices in Newark, Red Bank, Camden, New York City, Philadelphia, Jersey City and Washington, D.C.. For more information, please visit www.genovaburns.com

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